Is Desert Hot Springs, CA 92241 a buyer’s or seller’s market?

The Desert Hot Springs housing market right now

In the three months ending August 31, 2026, 25% of homes in Desert Hot Springs, CA 92241 sold above their list price, the typical home went under contract in 88 days and there were 16.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 20%, homes sold about as fast and the median sale price fell 21% to $357,345. Overall, Desert Hot Springs is more competitive than a year ago, so tougher for buyers.

Within Riverside County, homes here sell more slowly than in 86% of the county’s ZIP codes, and sell less often over asking than in 64%.

Nearby, buyers who want less competition could look at North Palm Springs 92258 (0% sold over asking) or Cabazon 92230 (0% sold over asking), while Moreno Valley 92553 (55% sold over asking) and Riverside 92504 (53% sold over asking) are even more competitive.